Tag Archives: recommendations

Major Recommendations of the Bankruptcy Law Reforms Committee

Ministry of Finance on 04-November, 2015  Following is the Summary of the Recommendations of the Bankruptcy Law Reforms Committee (BLRC) The Report of the BLRC is in two parts: Rationale and Design/Recommendations; A comprehensive draft Insolvency and Bankruptcy Bill covering all entities. The draft Bill has consolidated the existing laws relating to insolvency of companies, limited… Read More »

It is the prerogative of the Central Government to accept or reject th recommendations of the Wage Boards : Supreme Court

SUPREME COURT OF INDIA ABP Pvt. Ltd. & Anr. v. Union of India & Ors. [WritPetition (Civil) No. 246 of 2011], 7th February, 2014 while holding that the Justice Majithia Wage Boards for Working Journalists and Non-Journalist Newspaper and News Agency Employees followed certain well laid down principles and norms while making recommendations, it was furthe held that… Read More »